Mast Energy Developments PLC on Friday said it gave partner Proventure Holdings Ltd more time to make the initial interim payment of GBP2 million required under their joint venture agreement.
The.
Mast Energy Developments PLC on Monday said it has received sufficient verbal and written confirmation from joint venture partner Proventure Holdings Ltd, and other funders that the initial interim.
Mast Energy Developments PLC shares fell on Friday as it and Kibo Energy PLC said joint venture partner Proventure Holdings Ltd has failed to make payments needed to complete the deal.
Shares in.
Mast Energy Developments PLC said it had extended the date for Proventure Holdings Ltd to make initial payment of GBP2.0 million to between November 15 and November 30.
In terms of an agreement.
Mast Energy Developments PLC said on Monday it had signed a replacement first definitive and binding joint venture agreement with Proventure Holdings Ltd.
Back in July, Mast Energy finalised a.